Business & Finance

Reuters offers insight on China’s ailing robot industry

Reuters offers insight on China’s ailing robot industry

Reuters offered an in-depth analysis on how the coronavirus is affecting China’s robot industry. Interest in robots has surged worldwide as the pandemic has forced hospitals, manufacturing and service companies, as well as governments, to look afresh and with new urgency at ways to minimize human contact. But in China, the world’s biggest market for industrial robots, new business seems largely limited to robots for warehouses and disinfecting. Most clients are now too spooked by the uncertain business climate to invest in expensive factory gear, industry executives say.